Does BEBE STORES INC (OTCMKTS:BEBE) Have Gas After Even Less Sellers Involved?

May 17, 2018 - By James Guidry

bebe stores, inc. (OTCMKTS:BEBE) Logo

The stock of BEBE STORES INC (OTCMKTS:BEBE) registered a decrease of 17.96% in short interest. BEBE’s total short interest was 93,200 shares in May as published by FINRA. Its down 17.96% from 113,600 shares, reported previously. With 12,700 shares average volume, it will take short sellers 7 days to cover their BEBE’s short positions. The short interest to BEBE STORES INC’s float is 3.53%.

It closed at $6.31 lastly. It is down 77.28% since May 17, 2017 and is uptrending. It has outperformed by 65.73% the S&P500.

bebe stores, inc. does not have significant operations. The company has market cap of $71.12 million. Previously, it was engaged in the design, development, and production of womenÂ’s apparel and accessories. It currently has negative earnings. The firm marketed its products under the bebe and BEBE SPORT brand names through its retail stores; bebe.com, an online store; and 39 bebe outlet stores.

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